Innovation Insights

Developments in digital technologies and approaches have transformed the healthcare industry and promoted self-management of one’s health. Let’s take a look at what has changed. The creation of healthcare solutions involves extensive research and development by multiple players from academic institutions, pharmaceutical companies and medical device companies. With looming problems of aging populations and increasing prevalence of chronic diseases, the...

Singapore team develops cost-effective renewable technology for power generation. Rapid economic development has ensured that the Southeast Asia (SEA) region is the key driver of growing world energy consumption. According to a report* by the International Energy Agency (IEA), over the next 20 years, the region’s energy demands will grow at twice the global average. This poses a challenge for the region’s policy...

A runway for open innovation  The Centre for Technology and Knowledge Transfer at the University of Pardubice is dedicated to supporting open innovation through knowledge transfer and collaboration.   The path of innovation is a long and winding road, beginning from conceptualisation and ending in commercialisation. Creating a successful product requires a vast amount of knowledge, ranging from the technical know-how...

Transforming the food (value) chain   Innovative technologies are changing how food is produced, eaten and finally, recycled.    In today’s time-starved culture, our interactions with food are briefer than ever before. By opting for the convenience of meals delivered to our doorstep, we have given up a large part of the culinary experience: selecting ingredients, planning meals and finally, executing...

In today’s digitalised world, open innovation helps keep businesses and world economies competitive     Innovation has always been an important competitive differentiator for organisations. What has changed is that many successful companies have realised that they can no longer keep the innovation pipeline going with just in-house research and development (R&D).   Increasingly, more organisations are embarking on what...

Singapore has the attributes to be a leader in this emerging field where technology helps tackle environmental challenges   A key theme that came out of the discussions during TechInnovation at SFF x SWITCH (Singapore Fintech Festival x Singapore Week of Innovation and Technology) was that Singapore can play a leadership role in the field of innovation and sustainable development...